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Gazprom almost fully buys production of local producers

Oil&Gas Materials 25 July 2009 19:08 (UTC +04:00)
Gazprom OJSC buys 90 percent of equipment and other production from Russian enterprises, head of gas concern, Alexei Miller, said during a working meting with Russian Prime-Minister Vladimir Putin.
Gazprom almost fully buys production of local producers

Azerbaijan, Baku, July 25 / Trend /

Gazprom OJSC buys 90 percent of equipment and other production from Russian enterprises, head of gas concern, Alexei Miller, said during a working meting with Russian Prime-Minister Vladimir Putin, Vesti TV channel said. 

Chairman of the Russian government showed interest how the company realizes investment programs and whether anti-crisis recommendations of the government directed to support local producers are taken into account. Miller said that at present, Gazprom almost fully purchases Russian plants' production. Most part of this purchase is production of companies producing pipes, Miller said.  

Earlier Putin said during governmental meeting that amount of investment program of Gazprom will hit 775 billion rubles in 2009. 
First investment program of the company was scheduled to the amount of 920 billion rubles in 2009, including capital investments - 700 billion rubles. So, adjusted volume of investment program can hit lower than 16 percent, Prime Minister said. Earlier, Gazprom supposed that investment program can reduce 30 percent in 2009.

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